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Steinitz HAS MTF Hedge V3.21

Steinitz HAS MTF Hedge V3.21 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Judging by its name, it is built around hedged buy / sell positions and several timeframes at once. This copy is version 3.21. It raises the lot size after losses (martingale — high risk), can hold buy and sell positions together and moves the stop behind price. It has 40 settings, for example Your Account Number (default 12345), MTF HAS METHOD (default Inventor:DON STEINITZ) and PROGRAMMERS (default LEE YAN, Robert Hill). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. Inside: 2 EA files with source code (.mq4) you can open and edit in MetaEditor and a PDF guide. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.

Expert advisor · MT4 · v3.21 · Free

About Steinitz HAS MTF Hedge V3.21

Steinitz HAS MTF Hedge V3.21 is an expert advisor (trading robot) for MetaTrader 4. It increases the lot size after a losing trade (martingale), can hold buy and sell positions at the same time (hedging) and moves the stop loss behind price (trailing stop / break-even). It has 40 settings, such as Your account number, Mtf has method and Programmers. MQL source code included.

It also trades only in the hours you set (time filter), is built for short scalping trades and works on several symbols at once.

Files in the download: Steinitz_HAS_MTF_Hedge_v3_21.mq4, UTF-8''Steinitz_HAS_MTF_Hedge_v3_21%7Ecrackversion.mq4, Important.txt, Manual_HAS_MTF_hedge_installer.pdf.

Trading robots can lose money. Check every setting and test on a demo account before using real funds.

Settings

SettingDefaultWhat it does
Your account number12345
Mtf has methodInventor:DON STEINITZ
ProgrammersLEE YAN, Robert Hill
Magic base20000Magic number that tells this EA's orders apart
Cm---User Comment---
User commentHAS_HedgeComment written on the orders
Hedge user commentHAS_Hedge1Comment written on the orders
Has---HAS Inputs---
Ma method2
Ma period6Period or timeframe used by the calculation
Ma method23
Ma period22Number of bars in the calculation
Tf0---TimeFrames---
Tf11. Month
Tf22. Week
Tf33. Day
Tf44. 4 Hour
Tf55. 1 Hour
Tf66. 30 minute
Tf77. 15 minute
Tf88. 5 minute
Higher tf set11
Lower tf set18
Upper tf set11
Ss---Set 2 inputs---
Ss1 Switch inputs when
Ss2 UpperTF to SwitchTF do not agree
Ss3Enter 0 for false, 1 for true
Use switch set1
Switch set tf3
Higher tf set24
Lower tf set28
Ct---Trade Confirmation filters---
Ct1 Use timeframe above HigherTF to confirm
Ct2Enter 0 for false, 1 for true
Confirm upper time frame set11Period or timeframe used by the calculation
Confirm upper time frame set21Period or timeframe used by the calculation
Ct3Confirm Higher to Upper Timeframes for c
Ct4Enter 0 for false, 1 for true
Confirm all time frames set11Period or timeframe used by the calculation

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
  6. Test it first on a demo account or in the Strategy Tester.

Download the PDF guide

Tags: Hedging · Multi-Timeframe (MTF) · Martingale · Trailing Stop & Break-even · Time Filter · Scalping · Multi-Currency · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria